Entrepreneurship in Youth

Entrepreneurship, why not?

In such a competitive labor market in Europe, finding a suitable job seems a huge challenge that most of the young people are currently facing. Although there have been some positive policies from competent authorities and international agencies from countries across Europe, the unemployment is still at a high rate (especially in Greece, Spain, Cyprus and Italy) that drives authorities to pay more attention to this issue. According to Eurostat (2016), it is indicated that the Euro area unemployment was averagely 10.0% as a whole year, and it is expected to average 9.4% in 2017 and 9.0% in 2018.

Long-term agendas in order to co-operate and collaborate in formulating the strategies and implementing the plans for building training programs, raising the awareness among the Youth have been conducted so that they can gain the required skills and knowledge to pursue the entrepreneurship as a career option in their life.

Entrepreneurship not only helps tackle with future working challenges but also open many potential opportunities to the Youth’s career path in the future. Entrepreneurship is a great way to create valuable self-employment opportunities that can increase talent level and gain profit as desired. Moreover, entrepreneurship is also a key factor that boosts the national growth and competitiveness. Thus, along with the EU strategy 2020, it is highlighted the significance of fostering the right mind set and entrepreneurship related skills that are encouraged across Europe.

Entrepreneurship
Figure 1: Structure of active enterprises by sector, business economy, 2014 (Source: Eurostat 2014)

Let’s figure out some characteristics of one entrepreneur through this video below:

If you are an innovative student with entrepreneurship spirit, here are some competitions or investment platforms that maybe you can have a try:

  1. Youth Citizenship Entrepreneurship Competition: This program is an activity of the UNESCO Global Action Program (GAP) on Education for Sustainable Development (ESD);
  2. The Global Student Entrepreneur Awards (GSEA): it is the premier global competition for students who own and operate a business while they are still attending their college or university;
  3. European Social Innovation Competition: this is annual competition sponsored by European Commission with a specific theme every year;
  4. Internet Entrepreneurs Competition (CerPrize): It is held by Rabbis;
  5. Junior Achievement Europe (JA Europe): the students all Europe has the chance to compete after participating in JA Company Program at their own nation;
  6. European Student Startups (ESS): It is Europe’s first seed investment platform solely for students and recent graduates;
  7. StudentCompetition.com: it is a platform that students can find out the interesting competitions to them.

And more…

If you have some innovate ideas, let follow your dreams and chase until to reach their goals, make your all amazing ideas into real business practices. There is no fine for any mistakes, thus, take your time and inspire other people to involve with your entrepreneurship spirit; seize the opportunity to accelerate your growth.